The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.

WASHINGTON — Postmaster General Louis DeJoy said March 31 that the Justice Department has closed without criminal charges an investigation into political fundraising activity at his former business.

J.B. Hunt, Knight-Swift and Schneider are among the motor carriers expanding their intermodal operations for new avenues for growth.

GrubHub Inc., Postmates Inc. and Uber Technologies Inc. must face a lawsuit alleging their delivery fees result in higher prices even for New York diners not using those apps.

FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.

BALTIMORE — The U.S. Coast Guard prepared a second attempt to free a stranded container ship March 30, more than two weeks after it ran aground in the Chesapeake Bay.

Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s COVID lockdowns, threatening slower growth and faster inflation across the global economy.

FedEx Corp. founder Fred Smith is stepping down as CEO of the company and transferring the leadership post to Raj Subramaniam, who currently serves as president and COO, the company announced March 28. Smith will remain as executive chairman.

The Ever Forward, a 1,095-foot cargo carrier with more than 4,000 full shipping containers, is the largest ship to have ever run aground in the Chesapeake Bay, and freeing it is an arduous and cumbersome process. The first attempt to refloat the ship will begin at noon March 29.

Becker Logistics has acquired third-party logistics company Trek Freight Services, it was announced March 28.